The Taylor Industries building on Shirley Street.
By NEIL HARTNELL
Tribune Business Editor
Taylor Industries, the 74 year-old electrical retailer and contractor, was yesterday said to have ceased operating with its sole location completely locked down.
“Taylor Industries has closed down for good,” one well-placed source, speaking on condition of anonymity, told Tribune Business. “I’m sure they tried to stay in business.” They added that the closure appeared to have occurred within days of the New Year.
A Tribune Business reporter who yesterday visited Taylor Industries’ location on Shirley Street, opposite Princess Margaret Hospital (PMH), at mid-afternoon found no sign of life with all doors and windows boarded up and shuttered at the peak of the business day.
The company’s multiple phones just rang out when Tribune Business called them, while assistant general manager, Bryan Taylor, and sales chief, Derek Taylor, did not respond to this newspaper’s e-mails seeking comment.
Taylor Industries, according to its website, was founded in 1945 by cousins Charles and Archie Taylor. Its store was originally located on Bay Street until 1957, when it moved to its current Shirley Street site, and it retained its status as a family-owned company throughout its history.
It sold multiple heavy-duty electrical appliances, including ovens, air conditioners, freezers, dryers and dishwashers from brands such as Maytag, Westinghouse and Lakeshore. Fans and lights were another of its staple product lines.
The company also offered full electrical contractor services, along with shipping, delivery and salary deduction/financing for government employees only.
Taylor Industries’ closure is another sign of the shake-out occurring within the Bahamian retail sector and other industries, which has already claimed other well-known, long-standing brands such as City Markets and John S George.